Restaurants finish 2023 on a high note
Data from Master Card shows that restaurant sales were up nearly 8% year-over-year, while traffic also appears to be gaining momentum.
Stay updated with breaking news from Technomic Ignite. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Data from Master Card shows that restaurant sales were up nearly 8% year-over-year, while traffic also appears to be gaining momentum.
Chicken Salad Chick acquired Piece of Cake bakery in November and has spent the past several months ramping up logistics for a systemwide rollout.
Consumers have shown an increased willingness to spend on inexpensive indulgences offered by the foodservice segment as an ‘escape.’
Consumers have shown an increased willingness to spend on inexpensive indulgences offered by the foodservice segment as an ‘escape.’
Reuters reported that Chuck E. Cheese is working with Goldman Sachs to explore a potential acquisition amid such interest.